South Korea's nationwide average retail gasoline price crossed 2,000 won (approximately US$1.35) per litre for the first time in nearly four years on Friday, driven by uncertainty surrounding US–Iran diplomacy and regional conflict in the Middle East. According to Opinet, the data platform of the Korea National Oil Corp., the threshold was last breached in July 2022 during the Russia-Ukraine war. In Seoul, prices had already surpassed 2,000 won earlier in April and climbed to 2,030 won per litre by Friday, as markets watch ongoing US–Iran talks and a fragile Israel-Lebanon ceasefire.